Category: Forex

Cos with local investment grade ratings eligible for ECB relaxation: RBI

Companies rated investment grade locally can make use of the central bank’s relaxed rules on external commercial borrowings, the Reserve Bank of India (RBI) said Monday, giving further regulatory clarity on creditworthiness eligibility for availing of this limited-period offer. The special dispensation will expand the universe of local borrowers seeking to tap the global money hubs for […]

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